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Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.

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Decreasing deadheading in trucking: how carriers are turning to data to maximize assets

FreightWaves SONAR

Wasting resources and assets cost managers a pretty penny. Waste matters in the shipping industry because every instance leads to higher freight costs. Unfortunately, it is also one of the most challenging waste areas to address. Download the White Paper. And it’s essential to understand why. .

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How Freight Management Analytics Simplify Logistics

FreightWaves SONAR

Relying solely on manual shipping data analysis continues to yield poor results. Download the White Paper. Outdated analysis and management methods are becoming increasingly more difficult amid lockdowns, supply shortages, and increased consumer demands. Request a SONAR Demo.

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Enterprise shippers’ top 6 logistics strategies to know

FreightWaves SONAR

Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. Download the White Paper. The best logistics strategies depend on expert insight, such as the data and analysis found in FreightWaves Passport, which focuses on the chain’s inner workings.

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Truckload Shipping Procurement: How Large Data Sets/AI Aid in Pricing and Capacity Outlooks

FreightWaves SONAR

There are a number of reasons why ensuring full trucking capacity is essential for ongoing growth and success within the truck and trailer industry, particularly when it comes to truckload shipping procurement, including: Empty loads equal wasted resources. Download the White Paper. Request a SONAR Demo.

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4 best practices to improve your truckload service and pricing

FreightWaves SONAR

According to Supply Chain 24/7 , “ truckload service optimizes trailer space and moves freight [without extra stops that will] eliminate wasted trips, reducing greenhouse gas emissions by up to 40%.” Download the White Paper. This gets easier to accomplish with tailored benchmark data analysis. .

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What Shipping Analytics Tools Should Freight Market Participants Have in Their Freight Stack?

FreightWaves SONAR

Shippers also need a way to look beyond the enterprise’s four walls to understand waste. Wasted warehouse space leads to higher overhead. For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. Improved planning through wait time analysis benefits all parties.